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Spanish drugmaker Rovi to make ingredients for Moderna COVID-19 vaccine

Lonza also makes ingredients for ex-U.S. supplies Rovi CEO: Deal a significant growth opportunity MADRID, April 12 (Reuters) - Contract drugmaker Rovi is to make active ingredients for Moderna s COVID-19 vaccine, extending an existing agreement to bottle the vaccine using ingredients brought in from Switzerland. Madrid-based Rovi, whose shares rose 4% on Monday towards a record high set last month, will build capacity to supply active agents for up to 100 million vaccine doses annually for Moderna from its plant in the southern city of Granada via a new production line. Another Rovi plant near Madrid has already been bottling, or filling and finishing, Moderna vaccine ingredients being

Iberdrola S A : , Volkswagen and SEAT strengthen their partnership to accelerate electrification in Spain

Go to Photos 1 The energy company becomes a strategic partner for the supply of renewable energy in the vehicle value chain and together they will develop a public charging infrastructure network This alliance will contribute to achieving the emissions reduction targets set by the Green Deal and the decarbonisation of Spain Iberdrola, SEAT S.A. and the Volkswagen Group have strengthened their commitment to electric mobility by signing a strategic alliance to promote electrification in Spain. The main objectives of the agreement, which was signed during the Power Day organised by the Volkswagen Group, are to supply renewable energy in the electric vehicle value chain and develop and create a public charging infrastructure network.

Industria de Diseño Textil S A : Inditex 2020 Sales, Profit Fall Amid Store Closures; Sees Continued E-Commerce Growth

By Joshua Kirby Industria de Diseno Textil SA said Wednesday that sales and earnings fell in 2020, but that e-commerce grew sharply and it will pay a dividend for the year. Sales at the Spanish retailer came to 20.40 billion euros ($24.28 billion) in 2020, down 28% from 2019. Earnings before interest, taxes, depreciation and amortization were down 40% at EUR4.55 billion, while net income fell 70% to EUR1.11 billion. The owner of Zara and other fashion brands said performance was affected by pandemic-related store closures, but that e-commerce sales boomed by 77% to reach EUR6.6 billion in the year. Online sales are expected to continue to grow strongly in 2021 and beyond, Inditex said.

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